So what I'm really wondering is if I should wait 2-6 months in case property prices drop and buy cheaper.

Larger companies are typically more expensive due to their larger overhead for office space, marketing, dedicated accounting and HR departments, training costs, etc.Smaller management companies typically will know more about the property at the drop of a hat.  

Rates will not drop below the all time lows which we saw I believe in 2013, as well as 2 weeks ago.

Keep on calling, this is where the 90% of agents slow down or drop out of the business!

@Laurence Obi I put together a list of 15 multifamily podcasts that were instrumental to my education here:https://flywheeleq.com/news/to...Hope you find them useful as well!

The banks are attractive if the rates stay low and prices drop, but I'm anticipating future opportunities.

Hope this helps out some fellow NYers who didn't hear the news yet!

If you plan to flip or BRRRR, home values could drop in the next few months so it may not be in your best interest right now unless you have a large cash reserves to use to sustain it for a long while.

It was 1993, mortgage rates dropped from a high of 18% in the 80's to 7.5%, though mine was 13.5%.

I am curious what others are hearing and doing during this coronavirus time. Personally I am watching what businesses are being forced to close. I am not sure what I will do if my tenants are impacted. I may wave late...